Cumulus’ Big Day — Sells Some Stations to Townsquare, Acquires Dial Global
AM Searches for Sustainability Experts are debating the options. Look for Radio World's front-page story on that important topic in the Sept. 1 issue.
Top Stories - 08.30.13
Townsquare Media to Add 71 Stations As part of a busy day in the radio business suite, group owner Townsquare Media plans to acquire a total of 71 stations in small- to mid-sized markets from Cumulus Media Holdings and Peak II Holding.
Cumulus to Acquire Dial Global The second shoe to drop on Cumulus Media's busy day is its announcement of plans to acquire program syndicator and station services provider Dial Global.
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Around the Industry
Radio Broadcaster Shot Dead in Philippines (MSN) Fernando Solijon, host of a weekday show on DXLS in Iligan City, Philippines, was returning home late Thursday when two men onboard a motorcycle shot him 13 times, said the city police chief.